Industry Headlines News for Gulf of Mexico

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BSEE: About 20% US Gulf Oil Output Offline Due To Hurricane Nate
Thursday, October 12, 2017 About 20% of US Gulf of Mexico oil production is offline in the aftermath of Hurricane Nate, BSEE says.

Most US Gulf Oil Output Offline Ahead of Tropical Storm Nate
Friday, October 06, 2017 Nate has already pushed nearly three times as much Gulf crude production offline as Hurricane Harvey did in August.

Tropical Storm Nate Threatens Oil Rigs as It Targets U.S. Gulf
Thursday, October 05, 2017 Tropical Storm Nate has formed off of Nicaragua, threatening to inundate Central America, shut oil and gas rigs in the Gulf of Mexico and damage cotton and citrus crops across the U.S. South.

BSEE: More Than 18% Of US Gulf Output Shut In By Harvey
Tuesday, August 29, 2017 More than 18% of oil production in the Gulf of Mexico was shut in on Tuesday due to Harvey, BSEE says.

Gadfly: Hurricanes Katrina, Rita and Harvey Tell Shale's Story
Monday, August 28, 2017 Hurricane Harvey has struck at a time when energy markets appear indifferent to all sorts of traditional stimuli.

Baker Hughes: US Drillers Cut Oil Rigs Ahead Of Hurricane Harvey
Friday, August 25, 2017 US energy firms cut oil rigs for a second week in a row ahead of Hurricane Harvey.

Hurricane Harvey Strengthens, Threatens Record Flooding in Texas
Friday, August 25, 2017 Harvey became a Category 3 hurricane, the third most powerful, the National Hurricane Center said on Friday.

Franklin To Hit Mexico Oil State As Season's First Atlantic Hurricane
Wednesday, August 09, 2017 Storm Franklin, now a Category 1 hurricane, is set to crash into eastern Mexico's key oil-producing Gulf state of Veracruz.

Next Mexico Deepwater Oil Tender May Draw from Three Gulf Basins
Tuesday, July 18, 2017 The auction will likely take place in January, although no fixed date has yet been set.

Top Oil Market Summons Poseidon to US-Mideast Crude Fight
Tuesday, July 18, 2017 Poseidon is the latest grade similar in quality to Middle East supply to lure a buyer in the world's biggest oil consuming region.

Mexico Delays Next Oil Auction to Let Huge New Find Sink In
Monday, July 17, 2017 "International and national interest is awakening," said Mexico's chief oil regulator.

Tropical Storm Dora Expected To Become Hurricane On Monday
Monday, June 26, 2017 Tropical Storm Dora, located off the western coast of Mexico in the Pacific Ocean, is strengthening quickly and is expected to become a hurricane on Monday.

Storm Cindy Bears Down on Gulf Coast After Curbing Oil, Gas
Wednesday, June 21, 2017 Tropical Storm Cindy shuts energy production in the Gulf of Mexico, disrupted shipping and forcing workers off oil and gas platforms.

Mexico Whets Foreign Oil, Gas Appetite: Awards 10 Shallow Water GOM Blocks
Monday, June 19, 2017 Mexico's Gulf of Mexico shallow water auction nets 10 bids on 15 blocks June 19 - an amazing result for Mexico, analysts say.

Oil, Gas Execs Say E&P Activity Still Holding Strong in GOM
Thursday, June 01, 2017 Panelists at the Louisiana Energy Conference discussed the future of exploration and production activity in the Gulf of Mexico in the wake of the "new normal."

All Washed Up? Shale Oil and Gas Drowns Out US Gulf of Mexico Shallows
Wednesday, May 10, 2017 More than 10,000 jobs in the US Gulf of Mexico may be lost, never to return, as shallow water drilling lands in the doldrums where experts say it will remain.

New Investment Crucial to Keep Deepwater US GOM Production Afloat
Monday, May 08, 2017 Deepwater US Gulf of Mexico oil production is making a splash now, but without an increased - and significant - infusion of cash, volumes may dry up, experts say.

BP: Deepwater Investments in GOM Make Sense
Monday, May 01, 2017 BP's regional president for the Gulf of Mexico shares how his company was able to overcome the challenges of operating in deepwater.

BHP Billiton Approves $2.2B For U.S. Mad Dog Oil Project
Thursday, February 09, 2017 BHP Billiton approves its $2.2 billion share of investment for the second phase of the Mad Dog oilfield in the Gulf of Mexico, as expected.

Transocean, Atwood Oceanics Lay Off 200 Offshore Workers in Texas
Monday, February 06, 2017 Transocean and Atwood Oceanics are laying off employees who work offshore Gulf of Mexico.

BP Greenlights $9B Mad Dog Platform Design
Thursday, December 01, 2016 Efforts to simplify the second Mad Dog platform design will allow the project to be profitable at current or lower oil prices.